Solved

A Company Had Wage Expense of $750,000 During a Given

Question 156

Multiple Choice

A company had wage expense of $750,000 during a given period.Compute cash paid for wages during this period given the following data.
 Beginning  Balance  Ending  Balance  Wages Payable $100,000$25,500\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Beginning } \\\text { Balance }\end{array} & \begin{array} { c } \text { Ending } \\\text { Balance }\end{array} \\\hline \text { Wages Payable } & \$ 100,000 & \$ 25,500 \\\hline\end{array}


A) $750,000
B) $675,500
C) $824,500
D) $74,500
E) $125,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions